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Announcement / Media Release

14 February 2019 - Indian Investors to Capitalise on Business Opportunities in Malaysia

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India continues to be one of Malaysia’s important sources of FDI, particularly in the manufacturing sector and remains to be among the top 20 investors in the country. As at September 2018, a total of 135 manufacturing projects with participation from India have been implemented. These investments, valued at RM5.5 billion have created more than 15,000 jobs for the country. Majority of these investments were in the textiles and textile products, chemical and chemical products, paper and printing, non-metallic mineral products, electronics and electrical products and basic metal products

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The Malaysian Investment Development Authority (MIDA) has approved a total of 1,120 manufacturing projects with investments worth RM137.3 billion in Sarawak as at September 2018. These projects have created over 175,000 job opportunities, mainly in the natural gas, chemical and chemical products, basic metal products, petroleum products (including petrochemicals) and electronics and electrical products sectors

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The Seminar on the New Era of Manufacturing for Furniture & Wood-Based Industry by Malaysian Investment Development Authority (MIDA) held on 23 January 2019 in Kota Kinabalu received encouraging interest from industry players. The immediate response came from three companies based in Peninsular Malaysia that would like to leverage resources available in Sabah and expand their business operations in the State. To facilitate these companies’ interests, MIDA arranged discussions with Yayasan Sabah, POIC Lahad Datu and Sabah Softwood Berhad towards strategic collaborations

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The Malaysian Investment Development Authority (MIDA) collaborated with the Federation of Malaysian Manufacturers (FMM) and Sabah state authorities to organise the fourth and last installation of its industrial park forum series, held today at the Marriot Hotel, Sabah. The event was graced by YB Dr. Ong Kian Ming, Deputy Minister of International Trade and Industry (MITI). Also present was YB Tuan Chong Chen Bin, Assistant Minister of the Ministry of Trade and Industries, Sabah and Senior Executive Director of MIDA, Mr. Zabidi Mahbar

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The Association of Malaysian Medical Industries (AMMI) today announced its Medical Device Industry Status and Outlook Report 2018/2019 which is based on a survey completed by 46 AMMI members, constituting a 69% response rate. The report contains comprehensive analysis of export overview, sourcing of raw materials and components, growth in cumulative investments and challenges faced by the industry as well as the medical device industry’s outlook for 2019.

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The Malaysian Investment Development Authority (MIDA) today announced the outcome of their participation at the 9th International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM 2018) that was held at the Kuala Lumpur Convention Centre, last month

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The Malaysian Investment Development Authority (MIDA) launched its i-Services Portal during the National Investment Seminar 2018 today. It is a business linkage platform to connect service providers and their potential clients, which consists both local and foreign companies.

29 October 2018 - Malaysia Continues to Attract More Business Interest

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Approved Investments in the Services, Manufacturing and Primary Sectors Rose by 17.7% in 1H2018

24 October 2018 - Catching the Next Wave of Medical Devices Manufacturing

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Industry Players Urged to Forge Ahead with New Strategies & Technologies

18 October 2018 - Industry Park Developers to Employ New Strategies

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The development of industrial parks in the country needs to be synchronized with the states’ unique strengths and leverage on specific industry clusters. “By providing a location which is well equipped with the right ingredients of the highest standards, it has the potential to transform the area into a thriving city of industry. Perak, for example, being the second largest state in Peninsular Malaysia, could leverage on the economic development of its bordering states. Local SME industrial clusters here could be further strengthened by tapping into the supply chain of big corporations or multinational companies in neighbouring states,” said YB Dr. Ong Kian Ming, Deputy Minister of International Trade and Industry at the Industrial Park Forum for the Northern Region held at Weil Hotel, Ipoh today

16 October 2018 - Investors to Consider Sabah as the Next Location for Investment

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“Sabah is certainly one of Malaysia’s vibrant destinations for investment. As at December 2017, a total of 761 manufacturing projects with investments worth RM15.1 billion have been implemented in Sabah. More than 90,000 jobs have been created from these projects particularly in the food manufacturing, paper, printing & publishing, wood & wood products, chemical & chemical products, and non - metallic mineral products sectors. The State continues to attract additional approved investments of more than RM40 million in the first half of this year in the food manufacturing and fabricated products,” said Mr Arham Abdul Rahman, Deputy Chief Executive Officer (DCEO) of the Malaysian Investment Development Authority (MIDA) during its 6th instalment of the MIDA Invest Series today

25 September 2018 - Malaysian Textile and Fashion Entrepreneurs to Leap to the Next Level

19 July 2018 - In Propelling the Nation to Becoming a Leading F&B Exporter, Siemens Malaysia Partners MIDA to Digitalize the F&B Industry

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Malaysia is striving to become a leading F&B exporter through Foreign Direct Investments (FDIs) that would attract established brands and with the provision of right support for local companies in meeting global standards. Foreign companies that are seeking to set up their export hubs in Malaysia will be drawn to an ecosystem which has the right infrastructure in place, and where production cost can be reduced while productivity increased – outcomes that can only be achieved through the power of digitalization or smart manufacturing.

13 July 2018 - Malaysia Airports Inks MoU with MIDA

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Development of KLIA Aeropolis & Subang Airport Regeneration Initiative to Spur High Value Added FDI

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The logistics industry is expanding rapidly in Malaysia especially in the Klang Valley, in tandem with the robust growth of the digital economy and industry 4.0 in the country. Recognising the potentials of Selangor to become the logistics gateway to South East Asia catering to the needs of the ASEAN and APAC region, the Malaysian Investment Development Authority (MIDA) and Invest Selangor jointly organised the Investment Forum on Logistics Industry with the theme, ‘Deepening Logistics Supply Chain in Selangor’ at the Concorde Hotel Shah Alam today

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The Malaysian Investment Development Authority (MIDA) in collaboration with IME Group of Companies with the support of Dassault Systèmes and Robert Bosch organised the MIDA-IME Industry 4.0 Showcase, today. The event, held at MIDA headquarters aimed to assist local players in their implementation of Industry 4.0. The Showcase gathered experts to demonstrate a wide range of technologies endorsed by Industry 4.0 namely simulation, additive manufacturing, system integration, digitisation, cloud computing, Internet of Things (IoT) and data analytics

26 June 2018 - Companies Urged To Venture into IBS

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“To advance the affordable housing and construction agenda, we seek to connect the relevant stakeholders towards fostering stronger collaborations and enhance the existing ecosystem to respond to both current and new challenges, creating liveable and more resilient communities,” said Mr Arham Abdul Rahman, Deputy Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) at the Industrialised Building System (IBS) Adoption and Regularisation Dialogue 2018, held at MIDA HQ today

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SEMICON Southeast Asia, the region's premier gathering of the global electronics manufacturing supply chain, today opened it’s 22-24 May exposition, for the first time in Kuala Lumpur, showcasing IoT, smart manufacturing, autonomous driving, virtual reality (VR), and other smart technologies. Themed “Think Smart Make Smart,” SEMICON Southeast Asia 2018 brings together industry experts from around the world for critical insights into the semiconductor ecosystem, new business opportunities and collaboration.

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The Malaysian Investment Development Authority (MIDA) is partnering with the Industrial Technology Research Institute (ITRI), Taiwan through a Memorandum of Understanding (MoU) to encourage, facilitate and promote economic cooperation in the areas of trade, investments and Small & Medium Enterprise (SME) development, particularly in Smart Manufacturing & Industry 4.0, Internet-of-Things and Circular Economy

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The Malaysian Investment Development Authority (MIDA) signed and exchanged a Memorandum of Understanding (MoU) with Cosmetic Valley France (CVF) during a MIDA Mission to Paris led by the Chief Executive Officer (CEO) on 19 April 2018. This MoU reflects the shared ambition between both entities to develop a sustainable cosmetics and personal care industry cluster in Malaysia through the sharing of information, mutual promotional initiatives and R&D efforts particularly in the Halal segment. Ultimately, this will contribute towards providing new and innovative products to the market and enhancing economic growth for both Malaysia and France.

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In line with the technological advancements taking place in Malaysia, the Malaysian Investment Development Authority (MIDA) signed a tripartite pact with Daher and France’s IoT Valley on 20 April 2018. The Memorandum of Understanding (MoU) will contribute towards promoting more investment and business cooperation between France and Malaysia, particularly in the development of IoT and logistics in Malaysia’s aerospace industry.

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“There are many exciting developments happening in Terengganu that bodes well for business and job opportunities. The East Coast Rail Link (ECRL), Terengganu Silica Valley (TSV), Terengganu Technology Hub (TTH), Visit Terengganu 2018 and the rejuvenation of the Knowledge Park in Tembila – a boost to the development of human capital in the state,” said Mr Arham Abdul Rahman, Deputy Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) during its 5th instalment of the MIDA Invest Series today

11 April 2018 - Business And Job Opportunities Abound at MIDA’s National Supply Chain Conference on Rail Projects and Career Fair 2018

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The National Supply Chain Conference on Rail Projects organised by the Malaysian Investment Development Authority (MIDA) was held today at the Putra World Trade Centre (PWTC), Kuala Lumpur. It attracted an overwhelming interest of more than 2,000 participants ranging from industry players as well as local authorities, business chambers and embassies

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Malaysia last year recorded a total of 109 electrical and electronics (E&E) industry projects with approved investments of RM9.7 billion to drive new business growth and job creation, positioning the region to accelerate its transition into a smart manufacturing hub.

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Tactilis which manufactures biometric smartcards is setting up its first global facility in Malaysia. The investment based in the Pearl of the Orient will be undergoing transformation to meet the need of global demand and become the Tactilis’ Centre of Excellence for its Global Manufacturing and Research & Development. The thrust forward is to convert the plant into a smart factory through its “Industry 4.0” plan.

21 March 2018 - Embracing Future Innovations

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Companies Need to Align with the Dynamic Ecosystem of the Automotive Industry

23 February 2018 - Pahang, A Big State with Big Opportunities for Investors

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The East Coast Railway Line (ECRL) project, Malaysia-China Kuantan Industrial Park (MCKIP), Kuantan Port expansion and Tanjong Agas Oil & Gas and Logistic Industrial Park lend an air of optimism for the state of Pahang that sets to woo investments from both foreign and local investors into the state

12 February 2018 - Orgkhim’s Johor plant to be the First Producer of Carcinogen-Free Rubber Process Oils (RPOs) in Malaysia

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Norman Process Oils Malaysia Plant Sdn Bhd, a subsidiary of Orgkhim Biochemical Holding from Russia is building a USD50 million (RM200 million) facility at Tanjung Langsat, Pasir Gudang to manufacture petroleum-based extender oils used in tires, synthetic rubbers and rubber compounds

08 February 2018 - Kelantan Attracts Rm6.48 Billion Of Approved Investments As At September 2017

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Kelantan is one of Malaysia’s vibrant destinations for investments, driven mainly in the services and agriculture sectors

25 January 2018 - Over 150,000 Jobs Created from 1,142 Manufacturing Projects Implemented in Kedah

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Kedah is one of the oldest states in Malaysia and has captivating history behind it. In fact, there is more to this ‘Rice Bowl State’ than just paddy fields. In term of investments, there are 1,142 manufacturing projects implemented in Kedah with total investments of RM51.28 billion as at December 2016. These projects have created over 150,000 job opportunities for the state.

22 January 2018 - MIDA Deepens Its Engagement With The Indian Business Community

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Indian Entrepreneurs Urged to Leverage on Programmes & Facilities Provided by the Government

12 January 2018 - MIDA Expands Efforts in Providing In-depth Opportunities in Every State

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The Malaysian Investment Development Authority (MIDA) expands efforts in providing in-depth opportunities in every state this year through its Special Briefing Session series. The first briefing session, ‘An Update on Investment Opportunities in Perlis’ was held today at the MIDA HQ.

22 November 2017 - MIDA Connects MNCs and SMEs In East Malaysia Towards A Stronger Supply Chain In The Region

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The strong presence of many multinational corporations (MNCs) and large local corporations (LLCs) located here, and the very fact a few big names such as OCIM, X-Fab, Huchems Fine Chemical, LONGi, Press Metal, Cahya Mata Sarawak and Shin Yang Industries have made significant investments in Sarawak hold much promise for business collaboration and opportunities within this region

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Starting 15th November 2017, company may apply for the extension of 'Surat Pengesahan MIDA' (SPM1 & SPM2) online.

16 November 2017 - Think IoT to Stay Ahead

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“I encourage more local companies, SMEs and start-up technopreneurs to explore the adoption and implementation of IoT as a means to add value in their products and services as well as to increase productivity and efficiency towards scaling up their businesses,” said the Minister of MITI .

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“MITI, MIDA and our other agencies have been doing many outreach programmes, especially towards building the capabilities of our local industry players and small & medium-sized companies (SMEs).However, there is still a lack of awareness among the business community in the facilities and support provided by the Government. There are really many platforms that all of you can take advantage of,” said YB Minister II during the National Investment Seminar 2017 organised by the Malaysian Investment Development Authority (MIDA) today at the Intercontinental Hotel.

09 November 2017 - MIDA is launching the sale of e-Stats Digest (January – June 2017)

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Effective 6 September 2017, the Government through the Income Tax (Exemption) (No.9) Order 2017 (P.U. (A) 323) dated 23 October 2017, exempts non-resident person from payment of income tax in respect of income from services which are rendered and performed by the person outside Malaysia.

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This event brought together stakeholders from both countries to discuss on current issues relating to doing business in Malaysia. At the dialogue, issues discussed include procedures and regulations on trade and investment, as well as Malaysia’s recent review of its foreign exchange policies. This initiative is among MIDA’s on-going efforts to promote Japanese investment into Malaysia.

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MITI is currently reviewing the Industrial Coordination Act (ICA), 1975 and is in the midst of conducting their third online public consultation starting from 24 October 2017 until 11 November 2017. Members of the public are invited to participate in this ICA online consultation process.

25 October 2017 - MIDA & SMiTA Join Hands to Help SMEs Go Global

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Encourages SMEs to Venture into Peru & Chile at the Biz Connect Day

19 October 2017 - 1H2017 Approved Investments Totalled RM65.4 Billion

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Malaysia’s Broad-Based Economic Structure Will Continue to Appeal to Investors

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“As the Qatari delegation will involve about 70 business representatives, MIDA is taking the opportunity to conduct a workshop to cultivate a deeper understanding and generate wider awareness on the exciting investment opportunities in Malaysia. Through this engagement, we look forward to more strategic partnerships formed between the business communities from Malaysia and Qatar,” said Dato’ Azman Mahmud, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA).

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New Biomass Economy based on Waste to Wealth, incorporating New Circular Economy Models, Digital Agriculture with intense economic, sustainability and Rural Development agenda

10 October 2017 - Malaysia International Trade and Exhibition Centre

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The Malaysia International Trade and Exhibition Centre (MITEC) is the country’s largest exhibition centre with over 45,000 sqm of gross exhibition space. The first component and flagship of KL Metropolis, a city within a city where trade, commerce, living and transport converge over 75.5 acres of prime land development, MITEC is poised to be the first exhibition venue of choice in the Southeast Asia region.

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This two-day conference was built upon the key focus areas from the 11th Malaysian Education Blueprint, namely research, development, commercialisation and innovation. The conference also strived to combine key areas of the Malaysian Government’s initiative, known as the Malaysian Fourth Industrial Revolution or Industry 4.0. Industry 4.0 is a name for the current trend of automation and data exchange in manufacturing technologies. It includes cyber-physical systems, the Internet of things, cloud computing and cognitive computing. Industry 4.0 creates what has been called smart industrial systems.

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IKEA, the world’s largest furniture retailer headquartered in the Netherlands, has made a strategic decision to establish its Regional Distribution and Supply Chain Centre for ASEAN in Malaysia.

17 August 2017 - MIDA Engages MNCs and SMEs In Southern Region to Further Promote Sustainable Business Linkages

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"Given the increased flow of foreign direct investments in recent years, there are now more opportunities than before for SMEs to venture into,” said Datuk Rajendran

14 August 2017 - Bavaria and MIDA Will Be Launching A Series Of Industry 4.0 Workshops With German Industry Experts

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The Malaysian Investment Development Authority (MIDA) together with Bavaria International (Germany) and TAPiO Management Advisory as well as Invest Selangor, Johor State Investment Centre (JSIC) and Invest Penang is launching a series of Industry 4.0 workshops in Selangor, Johor and Penang this month.

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The company’s initiative of developing SIC Melaka is laudable as it will provide a platform for KMMY’s vendors, especially our Malaysian companies to embrace smart manufacturing. Through this establishment, local vendors stand to benefit via access to technical expertise as well as opportunity for technical collaboration with KMMY.

10 August 2017 - Investors to Reap The Benefits of Asean Ecosystem

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ASEAN provides an effective platform for investors to utilise and maximise its value chain. The varying levels of economic development in ASEAN coupled with each country’s industry specialisation allow greater complementation among local and multinational companies (MNCs) and locational complementation between member countries. Market-seeking and efficiency-seeking foreign direct investments (FDIs) may leverage on these complementation and increase their involvement in the regional supply chain.

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The AMMI Medical Device Industry Outlook Report 2017 highlighted that AMMI recorded an outstanding value-added ratio of 57% in manufacturing medical devices in Malaysia. Equally impressive is the fact that some RM2.84 billion or 63% worth of raw materials and services were locally sourced from within the country.

13 July 2017 - Strong Performance in Malaysia Prompts Endress+Hauser to Expand and Launch New Customer Service and Training Facility in Malaysia

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Swiss-based, Endress+Hauser has invested 4.5 million euros (RM 22.06 million) in a new customer service and training facility in Shah Alam in tandem with its strong performance over the company’s history in Malaysia.

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“The plastics and plastic products industry is a dynamic and vibrant growth sector within the Malaysian manufacturing sector. Over the years, the plastics industry has been supporting the growth of related sectors as well as contributing to the emergence of new markets throughout the value chain. Given the encouraging trends in the plastics industry, companies here can seize the growing opportunities by improving its competitiveness in terms of product development, manufacturing processes and business models. With the established industry ecosystem in Malaysia, it would be beneficial for companies to leverage on Malaysia’s excellent competitive advantages and further develop their capabilities,” said the second Minister of International Trade and Industry.

22 May 2017 - More than 150 SMEs from the East Coast Region to Benefit as MIDA’s Regional Supply Chain Conference Series Kicks Off in Pahang

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The conference is one of MIDA’s on-going initiatives to further stimulate domestic economic activities and create a robust environment for businesses to thrive.

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Premium automaker strengthens investments in the country with state-of-the-art logistics warehouse and parts distribution centre in Senai Johor, supporting 23 countries in the region

11 May 2017 - Timely to Grow Local Businesses by Listing on Bursa Malaysia

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Themed ‘Grow Your Business, List on Bursa’, the half-day forum serves as a platform for companies to obtain insights on the benefits, processes and procedures involved in creating a successful initial public offering (IPO).

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Malaysia has a strong manufacturing base. However, to stay competitive, our companies have no choice but to embrace intelligent production and include more Industry 4.0 elements into their operations. While we emphasise on the need to adopt new technologies and processes, the success of any industry relies heavily on human capital.

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Malaysia has achieved significant progress in the electrical & electronics (E&E) industry over the last decade that had resulted in the growth of new businesses and creation of jobs. Last year, a total of 107 E&E projects were approved with investments of RM9.24 billion.

30 March 2017 - Local Investors Urged to Intensify Development on Technology to Remain Competitive

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“The Government will continue to support the growth of domestic companies including the small and medium enterprises (SMEs), in increasing their competencies and capabilities through the available programmes and facilities. We hope to see more local players, especially the SMEs to emulate Germany’s Mittelstand or even the mid-sized companies in Japan and Korea, that have found much success in spearheading the economic growth in their respective countries,” added the YB Datuk Ahmad Maslan.

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As the logistics industry forms the backbone of supply chains, the upgraded facility will act as an enabler towards providing a more effective service delivery and enhance the overall supply chain process. This will ultimately contribute towards elevating the operational efficiencies of the businesses in Perlis.